Nashville Real Estate Still a Great Bargain

For those of us who have grown up in the Middle Tennessee area, it is still hard to believe sometimes how much the price of real estate has risen. On a relative scale, however, real estate in Middle Tennessee is still very affordable. As a matter of fact, according to the latest figures from CNN/Money, Nashville real estate is still undervalued by 1 percent! This is in contrast to some of the higher priced markets in the country where real estate can be overvalued by as much as 20 - 30 percent! With the median income of Middle Tennesseeans rising and the speculated growth in our area should make for a real estate market ripe with opportunities for buyers and sellers.